Blanc Labs announced today that it is launching a full suite of software products to digitize retail and commercial lending. Prunto is designed in three layers: user interface, application interfacing, and microservices. Prunto can be used through APIs or by combining all layers for a full-service implementation.
“Prunto platform is a key component of our strategy to create value for our partners in the financial industry. Prunto leverages open fintech ecosystems and will accelerate digitization of the lending industry. We have committed to a significant investment plan in Prunto to ensure a future-proof technology and feature set”, said Hamid Akbari, Chief Executive Officer at Blanc Labs.
Lending business needs are rapidly evolving, with a new focus on instant adjudication, open banking interoperability, and a contemporary customer experience. Older technology stacks are lagging behind. Digital transformation projects are delayed as legacy systems are pushed past their limits.
“In the past three years, we have been laser-focused on transforming the lending industry through digital innovation“, said Dariush Zomorrodi, Chief Innovation Officer at Blanc Labs. “The industry lacks a future-proof software solution to fill the many gaps that current legacy systems cannot handle. Our vision is to deliver a financial technology that can bring balance to the lending ecosystem by delivering a modern solution to be layered on top of legacy systems or replace it in stages”.